Ecolab, Inc (NYSE: ECL) is 0.95% higher on its value in year-to-date trading and has touched a low of $195.49 and a high of $262.61 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ECL stock was last observed hovering at around $233.90 in the last trading session, with the day’s gains setting it 2.65%.
Currently trading at $236.55, the stock is 0.11% and -2.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 1.13% at the moment leaves the stock -1.89% off its SMA200. ECL registered 18.92% gain for a year compared to 6-month gain of -3.52%. The firm has a 50-day simple moving average (SMA 50) of $242.9946 and a 200-day simple moving average (SMA200) of $241.0675.
The stock witnessed a -4.93% loss in the last 1 month and extending the period to 3 months gives it a -7.76%, and is 2.21% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.70% over the week and 1.73% over the month.
Ecolab, Inc (ECL) has around 48000 employees, a market worth around $66.98B and $15.67B in sales. Current P/E ratio is 33.18 and Fwd P/E is 31.63. Profit margin for the company is 13.04%. Distance from 52-week low is 21.00% and -9.92% from its 52-week high. The company has generated returns on investments over the last 12 months (12.72%).
with sales reaching $3.99B over the same period.The EPS is expected to grow by 27.67% this year, but quarterly earnings will post 2.81% year-over-year. Quarterly sales are estimated to grow 1.40% in year-over-year returns.
2063.0 institutions hold shares in Ecolab, Inc (ECL), with institutional investors hold 90.95% of the company’s shares. The shares outstanding are 283.20M, and float is at 253.52M with Short Float at 0.93%. Institutions hold 90.79% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.96 million shares valued at $5.7 billion. The investor’s holdings represent 8.3856 of the ECL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 21.75 million shares valued at $5.18 billion to account for 7.6118 of the shares outstanding. The other top investors are STATE STREET CORP which holds 11.47 million shares representing 4.0136 and valued at over $2.74 billion, while MORGAN STANLEY holds 2.0498 of the shares totaling 5.86 million with a market value of $1.39 billion.
Ecolab, Inc (ECL) Insider Activity
The most recent transaction is an insider sale by GATES WILLIAM H III, the company’s 10% Owner. SEC filings show that GATES WILLIAM H III sold 106,542 shares of the company’s common stock on Nov 20 ’24 at a price of $241.21 per share for a total of $25.7 million. Following the sale, the insider now owns 29.35 million shares.
Ecolab, Inc disclosed in a document filed with the SEC on Nov 21 ’24 that GATES WILLIAM H III (10% Owner) sold a total of 100,000 shares of the company’s common stock. The trade occurred on Nov 21 ’24 and was made at $242.79 per share for $24.28 million. Following the transaction, the insider now directly holds 29.25 million shares of the ECL stock.
Still, SEC filings show that on Nov 22 ’24, GATES WILLIAM H III (10% Owner) disposed off 70,000 shares at an average price of $245.95 for $17.22 million. The insider now directly holds 29,178,741 shares of Ecolab, Inc (ECL).
